No Obligation to Restore Deficits. No Member shall have any liability or obligation to the Company, the other Members or any creditor of the Company to restore at any time any deficit balance in such Member's Capital Account.
Appears in 2 contracts
Samples: Operating Agreement (Cherokee International Finance Inc), Caminus Corp
No Obligation to Restore Deficits. No Member or Unitholder shall have any liability or obligation to the Company, the Members or other Members Unitholders or any creditor of the Company to restore at any time any deficit balance in such Member's ’s or Unitholder’s Capital Account.
Appears in 2 contracts
Samples: Amended and Restated Operating Agreement (Pedevco Corp), Amended and Restated Operating Agreement (Pedevco Corp)
No Obligation to Restore Deficits. No Member shall have any liability --------------------------------- Liability or obligation to the Company, the other Members or any creditor of the Company to restore at any time any deficit balance in such Member's Capital Account.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Reading Entertainment Inc), Limited Liability Company Agreement (Craig Corp)
No Obligation to Restore Deficits. No Member shall have any liability --------------------------------- or obligation to the Company, the other Members or any creditor of the Company to restore at any time any deficit balance in such Member's Capital Account.
Appears in 1 contract
No Obligation to Restore Deficits. No Member shall have any liability or obligation to the Company, the other Members or any creditor of the Company to restore at any time any deficit balance in such Member's ’s Capital Account.
Appears in 1 contract